Bill Maher pulls the numbers on whether Gen Z is really suffering an affordability crisis. He starts with the $20 burrito, then compares their net worth to previous generations. The numbers are staggering. MAHER: “Have you heard about Burrito Gate? ... A student had commented... a burrito shouldn’t cost... $20." “It shouldn’t cost $20 because it doesn’t. It costs $20 because this kid factored in somebody bringing it to him in an Uber.” [Audience groans] “You can get one for $2, and you could buy it in the supermarket. And somebody said they feed a family of eight on $20 by buying ingredients like we used to do.” “This is from the Fed. Okay, two-thirds of Americans consider groceries to be unaffordable. Maybe they are, but wages rose in the last decade, including the pandemic, 46%. Food prices rose 34%. So wages outpaced them by the numbers." “What we spend on food at the beginning of the last century, it was 42% of the budget, and then you go through the years, 1965, it was down to 15%. Now it’s under 10%, but including eating out more." “Also, Gen Z, I never realized this until people started writing about it. As they reach their late 20s now, they’re getting much richer than Gen X was. Millennials and Gen Z at age 30, their net worth is around $118,000." “Gen X’s was $53,000, like half of that. But Gen X never complained. You gotta love Gen X. They are the quietest f*cking church mice.” SIDE NOTE: I will say that housing and rent prices are too damn high. But that also doesn't discount the fact that kids these days are way too entitled and think they deserve to have food delivered AND have it be affordable. If you want convenience, it's gonna cost you. Don't complain when you're on a budget and too lazy to make the burrito yourself for 1/10th the price.show more

The Vigilant Fox 🦊

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